Kuala Lumpur, 19 November 2009
Malaysian consumers have traditionally been high savers and welcome the potential for higher returns on their deposits.
"Since the introduction of the first Hong Leong InvestSafe 3 years ago, Investsafe has consistently produced gross returns higher than Fixed Deposits. Thecurrent gross returns on the InvestSafe II which was launched in December 2008, is 4.25% p.a. for 36 months tenure", said Ms Moey Tan, Chief OperatingOfficer, Personal Financial Services.
Hong Leong Bank (HLB) is the appointed strategic partner of Amanah Raya Berhad (AmanahRaya), a public trustee company, wholly owned by the government, tomarket Hong Leong InvestSafe II. Hong Leong InvestSafe II is a Trust deposit where customers who make a placement would potentially enjoy steady growth andenhanced returns on their investments. It is an investment solution for those who are seeking medium term, secure investment with capital protection andconsistent dividend payout.
Hong Leong InvestSafe II is also a flexible product as it can be withdrawn at any of HLB Branches nationwide and early partial withdrawal is allowed at afee
Currently, the Hong Leong InvestSafe II is only limited to RM300 million and is only available at HLB. Todate, there is only a balance of RM100 millionleft of this trust deposit. To find out more about this new product, visit any of HLB's 185 branches nationwide.
Between now till 31 December 2009, customers who sign up for the Hong Leong InvestSafe II will be rewarded with gifts ranging from Tupperware up to GarminNuvi 205 GPS for investments of RM100,000 and above in conjunction with HLB's Investment Services' More, More, More Campaign.
Press Release - 19/11/2009